According to a report by Holdings Channel.com, HWG Holdings LP reduced its position in NVIDIA Co. NASDAQNVDA by 78.9% during the third quarter of 2021. Prior to the sale, the institutional investor owned 5,509 shares of the computer hardware maker's stock. After selling 20,628 shares during the quarter, HWG Holdings LP now owns 3,471 shares of NVIDIA stock.
NVIDIA accounts for about 1.3% of HWG Holdings LP's investment portfolio, making it a relatively small holding compared to other investments in the company's portfolio. However, the sale of NVIDIA shares still represents a significant reduction in the institutional investor's stake in the company.
It is worth noting that the reasons for the sale are not disclosed in the report and further information would be required to understand the motivations behind this decision. Additionally, it is important to keep in mind that this information is based on publicly available sources and may not reflect the most up-to-date or accurate information.
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